XML 29 R16.htm IDEA: XBRL DOCUMENT v3.25.3
Net Income (Loss) Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
The table below provides a reconciliation of the numerators and denominators of basic and diluted net income (loss) per share for the three and nine months ended September 30, 2025 and 2024 (in thousands, except per share amounts):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Numerators:
Net income (loss)$1,900 $(14,349)$7,869 $(26,422)
Less: Income attributable to unvested restricted stock awards(69)— (281)— 
Numerator for basic net income (loss) per share1,831 (14,349)7,588 (26,422)
Effect of dilutive securities:
Unvested restricted stock awards— — — — 
Numerator for diluted net income (loss) per share$1,831 $(14,349)$7,588 $(26,422)
Denominators:
Weighted average number of common shares outstanding60,182 63,620 61,213 63,843 
Less: Weighted average number of unvested restricted stock awards outstanding(2,236)(1,536)(2,124)(1,486)
Denominator for basic net income (loss) per share57,946 62,084 59,089 62,357 
Effect of dilutive securities:
Performance share units70 — 55 — 
Denominator for diluted net income (loss) per share58,016 62,084 59,144 62,357 
Net income (loss) per share:
Basic$0.03 $(0.23)$0.13 $(0.42)
Diluted0.03 (0.23)0.13 (0.42)
Shares issuable upon conversion of the Company’s 2026 Notes were excluded from each period due to, among other factors, the Company’s share price.